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SUI is now traded at a pivotal level after a bullish structure on the short -term chart. After a strong recovery from its lowest local levels in early April, the Layer-1 code increased steadily, indicating clear signs of the renewed investor’s interest. However, although the upper trend is still intact, the 4 -dollar resistance area stands as the next main obstacle that the bulls must overcome to confirm the decisive collapse.
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Market morale has turned with Altcoins restored strength alongside Bitcoin uniformity over $ 95,000. In this context, SUI emerged as one of the performance of the strongest artists. However, the challenge lies in cleansing the level of 4 dollars with a size, which may lead to the abolition of more bullish capabilities and the opening of the path towards discovering prices.
Senior analysts Calio shared an insightful analysis of X, noting that SUI is gaining momentum and is ready to restore the brand of $ 4 soon. According to Kaleo, this level can serve as the Launchpad platform for the next leg, provided that the bulls maintain pressure and the size supports this step. With the uncertainty in the macro in the broader market, the next SUI’s primary procedure can be a measure of altcoin power in the short term.
He leads sui altcoins, where he targets $ 4 bulls
Sui has emerged as one of the most elastic and promising layer -1 (L1) rings in the current market cycle. Blockchain layer -1 refers to the infrastructure of the foundation network of Blockchain ecological system -such as ETHEREUM, Solana and SUI now. These platforms host smart contracts and decentralized applications (DAPS), and their strength often determines the amount of developers ’activity and the user’s participation that attracts them. In this context, SUI places itself as a serious competitor in the competitive L1 space.
Amid increasing fluctuations and total economic uncertainty, SUI stood well, which indicates strength even with other altcoins surrounded besieged in the integration. Its relative strength against Bitcoin – a major indication of Altcoin momentum – has not passed without anyone noticing it. Note Kalio recently SUI offers a strong performance against BTC and seems ready to restore the level of $ 4, a major resistance area that crowned the bullish trend for several weeks. A clean break above 4 dollars may lead to a broader gathering, especially if the market conditions are favorable to Altcoins.
However, despite the bullish signals, the risks are still high. Some analysts warn that the market may face another recovery, as global tensions and uninterrupted liquidity conditions continue to form feelings. In such an environment, investors closely monitor to see if SUI can challenge the direction. Its last strength indicates that it may surpass the other L1S during the next stage of the market, especially if the capital is due to the high -capacity altcoins.
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With a healthy climb structure and size, Sui can be one of the first main altcoins that lead the fees – if the difference is confirmed above 4 dollars.
The price carries the main support before the hacking test
Sui is currently trading at $ 3.46, and it maintains a company higher than the 200 -day moving average (MA), which is located around the level of $ 3.25. This major technical support was a strong foundation during the recent fluctuations, indicating that the bulls still maintain control of the structure in the short term. As long as it remains above this area, the possibility of continuing remains intact.
The next main obstacle lies in the brand of $ 4 – a level of psychological and technical resistance that has refused to advance prices several times in recent weeks. The decisive penetration of more than 4 dollars, followed by a closure over the $ 4.20 region, would confirm an upward preparation and can lead to more upward fluctuations towards higher levels.
However, there is a justification for caution. If SUI fails to recover 4 dollars and slide to less than a level of $ 3.20, it may test deeper support near the $ 2.80 region. Loss of this range may lead to the transformation of feelings and open the door to a wider correction, especially if the weakness is due to the total altcoin market.
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Currently, the bulls are in strength, but confirmation requires sustainable pressure to buy and a clean violation over public resistance. The upcoming sessions will be a key to determining whether the Sui can lead the next altcoin gathering.
Distinctive image from Dall-E, the tradingView graph